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ATAT Financials Atour Lifestyle Holdings Ltd

4 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has grown 62.2% per year over the past 3 years.
  • Net income has grown faster than revenue (153.5% vs 62.2% per year).
  • Operating margin has expanded, at 23.6% in the latest year.
  • Free cash flow has grown 96.7% per year over the past 3 years.

Financial health

  • The company holds more cash ($472M) than total debt ($36M).
  • Total debt has grown slower than revenue (-11.4% vs 62.2% per year).
  • Operating income covered interest expense 543× in the latest year.
  • Total debt is 0.1× EBITDA.

Shareholder returns

  • Dividends have been paid for 1 consecutive year, consuming 47.6% of earnings and 40.5% of free cash flow.
Revenue & net income
$0 $700M $1B 2022 2023 2024 2025
RevenueNet income
Margins (gross / operating / net)
0% 12% 24% 2022 2023 2024 2025
GrossOperatingNet
Free cash flow (CFO − capex)
$0 $137M $274M 2022 2023 2024 2025
Free cash flow
Cash vs total debt
$0 $248M $496M 2022 2023 2024 2025
CashTotal debt
Cash flow: operating / investing / financing
-$190M $47M $285M $0 2022 2023 2024 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MFCFTotal debtCash
2025 $1.4B $232M 0.0% 23.6% $273M $36M $472M
2024 $993M $175M 0.0% 22.4% $229M $8M $496M
2023 $657M $104M 0.0% 19.8% $274M $10M $400M
2022 $328M $14M 0.0% 7.3% $36M $52M $230M

Valuation over time

How the market has priced ATAT against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / earnings (P/E)
0.0 385.6 771.2 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/E
Price / sales (P/S)
0.0 16.7 33.4 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/S
Dividend yield (%)
0.0 0.4 0.8 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
Dividend yield %

Frequently asked questions

Is ATAT growing its revenue and profit?

Over the past 3 years, Atour Lifestyle Holdings Ltd's revenue has grown 62.2% per year, and net income grown 153.5% per year. These are computed facts, not advice.

How much debt does ATAT have?

As of FY2025, Atour Lifestyle Holdings Ltd reported $36M of total debt against $472M of cash; operating income covered interest expense 543×.

What is ATAT's profit margin?

In FY2025, gross margin was —, operating margin 23.6%, and net margin 16.6%.

What is ATAT's P/E ratio?

As of Jun '26, Atour Lifestyle Holdings Ltd traded at a price-to-earnings ratio of about 57.0× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.